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Big-Tech Bounces But Hot Inflation Hits Bonds, Bullion, & Bitcoin
12.03.2024, 21:01 Uhr. ZeroHedge News - https: - Big-Tech Bounces But Hot Inflation Hits Bonds, Bullion, & Bitcoin It seems Breakevens were on to something... Source: Bloomberg This morning's CPI was not at all what the narrative-peddlers wanted to see and that sent rate-cut expectations tumbling... Source: Bloomberg ...and the timing of the first cut extended (May is now off the table).... Source:...
"That Is Not The Direction The Fed Wants To See": Wall Street Reacts To The Hot CPI Print
12.03.2024, 14:51 Uhr. ZeroHedge News - https: - "That Is Not The Direction The Fed Wants To See": Wall Street Reacts To The Hot CPI Print While it is possible that the market had priced in a hot print (as we previewed) and which explains the rise in futures after the hotter than expected CPI print, it is certain that - as Bloomberg's Chris Anstey writes - this isn’t good news for the Fed: the second...
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